Capitalizing on Niche Markets

Selling to Pediatric Otolaryngology Practices

Most pediatric otolaryngology practices have tight budgets and no time for games. Here's the knowledge you need to boost sales to pediatric otolaryngology practices throughout the U.S..

Initiative and perseverance are excellent personality traits for sales professionals. But selling to pediatric otolaryngology practices requires more than a desire to succeed.

Companies that market to pediatric otolaryngology practices have to be prepared to communicate their product strengths to customers who are savvy about marketplace realities. Here are some of the other things you'll need to sell products to pediatric otolaryngology practices.

Developing a Marketing Plan

A solid marketing plan is the foundation of a successful sales strategy. Your team might be stocked with highly capable sales professionals, but if they aren't supported by strong messaging and effective marketing channels, your revenue stream will be weak.

Keep in mind that pediatric otolaryngology practices are fast-paced operations with little patience for long sales cycles.

A strong marketing plan helps to focus your selling proposition and deliver messaging in channels that are well received by your customer base. When combined with a sales plan, a marketing plan offers an effective selling strategy that delivers results.

Message First, Targets Second

Messaging is an important part of a successful sales strategy. Confused messaging dilutes the sales cycle and makes it difficult for prospective customers to discern the value of your products.

For maximum impact, the identification of key messaging should be incorporated into a comprehensive planning process that combines sales and marketing into a coherent strategy.

The next step is to narrow the field to the contacts who are most likely to respond to your messaging. Although lead generation techniques are diverse, lead lists can be a useful resource for generating a list of prospects that are receptive to your messaging. Vendors like Experian are adept at providing targeted lists of pediatric otolaryngology practices that can be tailored to meet geographic and demographic criteria.

Strategies for Selling to Pediatric Otolaryngology Practices

With rare exceptions, pediatric otolaryngology practices are always interested in products that help them improve the level of service to their customers.

Cost is a constant concern, but if pediatric otolaryngology practices believe a new product or line of products can substantially improve their customers' experience, price takes a backseat to quality.

Businesses that sell to pediatric otolaryngology practices need to also recognize the fact that pediatric otolaryngology practices aren't necessarily the beneficiaries of their products, so strategies that focus on enhancing customer experiences are frequently well-received by buyers.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary